Tesla Takeover? Elon Musk Pushes for More Control

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Elon Musk's $56 Billion Pay Deal Urged for Retail Investor Backing by Tesla Board
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Elon Musk is back in the news, this time fighting for more control over Tesla. He wants a quarter of the company’s voting power, which would give him a lot of say in how things are run.

This fight comes after Musk sold a bunch of Tesla stock to buy Twitter. Now, he says he needs more control at Tesla to develop artificial intelligence (AI) and robotics technology for the company. He even suggests he might leave Tesla to work on AI and robots elsewhere if he doesn’t get his way. This could hurt Tesla’s stock price since investors see it as a tech company, not just a car company.

Musk has been hinting at wanting more power for a while now. Tesla’s recent shift towards self-driving cars seems to be part of his plan for the company’s future. In the end, it seems like Musk is giving Tesla a choice: give him more control or he’ll take his AI and robotics ideas elsewhere.

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But there’s more to this story than just Musk wanting more control. His request seems to be a way to pressure shareholders into approving his big pay package, which was already rejected by a court.

This whole situation is confusing because Musk himself says that artificial intelligence and robotics are crucial for Tesla’s future. Yet, he’s acting like he might leave the company if he doesn’t get more control over these areas. This uncertainty is making investors nervous about Tesla’s future and Musk’s leadership.

Some shareholders are not happy with how Musk is running things. They think he’s focusing too much on other projects, like Twitter, and not enough on Tesla. They’re urging other shareholders to vote against his pay package again.

One big investor, who used to be a big Musk fan, even said he’ll vote against the pay plan. He’s frustrated with how Tesla is being managed.

So, is this all a play to get shareholders to approve Musk’s pay? Or is Musk really thinking about leaving Tesla? We’ll find out in June when the shareholders have their say.

Not all charging stations are created equal! Experts say adding amenities like convenience stores to charging locations could be a big win for drivers. This makes sense since charging an electric car can take a while, and people need something to do while they wait.

This isn’t a new idea – Tesla already has some charging stations located near stores that are always open. But that’s not always the case, and some charging stations can be isolated and poorly lit, which can feel unsafe.

Drivers are definitely thinking about safety more, especially because their cars are stuck while plugged in. Some companies are even developing tools to help drivers escape from charging stations quickly in case of an emergency.

The author admits they’ve been lucky on the East Coast with access to reliable and convenient charging stations. But they’ve also heard stories about long waits, bad locations, and unreliable chargers.

So, as more charging stations get built with government funding, the question is: what should these stations prioritize?


By Rajdeep Singh

Rajdeep (New Delhi) sparks electric vehicle enthusiasm with engaging content, empowering everyone to join the EV revolution.

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